Best Nifty Tips for Tomorrow – (9th August)

Equity benchmarks ended near 2-week closing low on Tuesday, with the Sensex shedding 358 points intraday on profit booking and global weakness. SEBI declared 331 suspected shell companies also hit market sentiment. Barring the Metals index, all other sectoral indices ended in the red, with Realty falling the most (down 4.4 percent) followed by PSU Bank (2.4 percent). The 30-share BSE Sensex managed to hold 32,000 level, ending down 259.48 points at 32,014.19. The 50-share NSE Nifty touched an intraday low of 9,947, before closing down 78.85 points at 9,978.55.
Today’s Top NSE GainersVedanta, Hindalco, Tata Steel, Cipla, GAIL
Today’s Top NSE LosersDr Reddys Labs, BPCL, Bharti Infratel, Coal India, SBI

Best Nifty Tips for Tomorrow – (9th August)


TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 10060, 10140
SUPPORT: 9920, 9865
APPROACH: SELL ON HIGH
CALL : BUY GRAVITA ABOVE 110 TARGETS 111.1 , 112.2 , 113.3 STOPLOSS 107.8
CALL : BUY EDELWEISS ABOVE 249.9 TARGETS 252.4 , 254.9 , 257.4 STOPLOSS 244.9
CALL : SELL JBFIND BELOW 167.3 TARGETS 165.7 , 164.1 , 162.5 STOPLOSS 170.5